Executive Summary

Sep 2019
PROSPECTS
Extension of the Mass Transit Railway (MTR) threatens car rental

Hong Kong’s public transport system is highly developed and sophisticated. Smart electronic money payment, the so-called Octopus card, has made the payment process quick and efficient since its introduction in 1997.

Influx of car-sharing start-ups compete with car rental companies

The car-sharing economy has been growing since 2013. It has slowly differentiated itself from traditional car rental by offering specialised services and flexible rental procedures.

Partnerships with the travel industry can lead to more opportunities

Car rental companies are looking to grow their exposure by partnering with other players in the travel industry. For example, Avis collaborated with Caltex, a major filling station in Hong Kong, for limited time discounts.

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Car Rental (Destination) in Hong Kong, China

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Overview

Discover the latest market trends and uncover sources of future market growth for the Car Rental industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Car Rental industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.

The Car Rental in Hong Kong, China market research report includes:

  • Analysis of key supply-side and demand trends
  • Detailed segmentation
  • Historic volumes and values, company and brand market shares
  • Five year forecasts of market trends and market growth  
  • Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

  • What is the market size of Car Rental in Hong Kong, China?
  • What are the major brands in Hong Kong, China?
  • Is there a shift from airport car rental to non-airport?
  • Is leisure car rental outpacing business car rental?
  • Is insurance replacement recession-resistant?

Why buy this report?

  • Gain competitive intelligence about market leaders
  • Track key industry trends, opportunities and threats
  • Inform your marketing, brand, strategy and market development, sales and supply functions

This industry report originates from Passport, our Travel And Tourism market research database.

Car Rental (Destination) in Hong Kong, China - Category analysis

HEADLINES

PROSPECTS

Extension of the Mass Transit Railway (MTR) threatens car rental
Influx of car-sharing start-ups compete with car rental companies
Partnerships with the travel industry can lead to more opportunities

CATEGORY DATA

Table 1 Car Rental Sales: Value 2014-2019
Table 2 Car Rental Online Sales: Value 2014-2019
Table 3 Structure of Car Rental Market 2014-2019
Table 4 Car Rental NBO Company Shares: % Value 2015-2019
Table 5 Car Rental Brands by Key Performance Indicators 2019
Table 6 Forecast Car Rental Sales: Value 2019-2024
Table 7 Forecast Car Rental Online Sales: Value 2019-2024

Travel in Hong Kong, China - Industry Overview

EXECUTIVE SUMMARY

Hong Kong remains a tourism hub but has challenges ahead
New technologies and online tools continue to shake up travel
Players fighting for consumer loyalty
The rise of the experience traveller
Mid-market continues to grow with improved travel infrastructure

SWOT

Summary 1 Destination Hong Kong, China: SWOT

MARKET DATA

Table 8 Annual Leave: Volume 2014-2019
Table 9 Travellers by Age: Number of People 2014-2019
Table 10 Seasonality: Number of People 2014-2019
Table 11 Leisure Outbound Demographics: Number of Trips 2014-2019
Table 12 Other Transport Sales: Value 2014-2019
Table 13 Other Transport Online Sales: Value 2014-2019
Table 14 Forecast Other Transport Sales: Value 2019-2024
Table 15 Forecast Other Transport Online Sales: Value 2019-2024
Table 16 Activities: Value 2014-2019
Table 17 Forecast Activities: Value 2019-2024

SOURCES

Summary 2 Research Sources